Guilin Layn Natural Ingredients Balance Sheet Health
Financial Health criteria checks 5/6
Guilin Layn Natural Ingredients has a total shareholder equity of CN¥3.2B and total debt of CN¥809.7M, which brings its debt-to-equity ratio to 25.4%. Its total assets and total liabilities are CN¥4.8B and CN¥1.6B respectively. Guilin Layn Natural Ingredients's EBIT is CN¥109.6M making its interest coverage ratio 5.4. It has cash and short-term investments of CN¥248.7M.
Key information
25.4%
Debt to equity ratio
CN¥809.72m
Debt
| Interest coverage ratio | 5.4x |
| Cash | CN¥248.73m |
| Equity | CN¥3.19b |
| Total liabilities | CN¥1.58b |
| Total assets | CN¥4.77b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002166's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 002166's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥201.1M).
Debt to Equity History and Analysis
Debt Level: 002166's net debt to equity ratio (17.6%) is considered satisfactory.
Reducing Debt: 002166's debt to equity ratio has reduced from 38% to 25.4% over the past 5 years.
Debt Coverage: 002166's debt is not well covered by operating cash flow (16.4%).
Interest Coverage: 002166's interest payments on its debt are well covered by EBIT (5.4x coverage).